#Sustainability #Ireland #Dublin #Corporate Responsibility #AerCap

AerCap's Commitment to Corporate Responsibility in 2024

AerCap Holdings N.V. has celebrated a significant milestone with the release of its eighth annual Corporate Responsibility Report for the year ending December 31, 2024. This comprehensive report underscores AerCap's unwavering dedication to sustainable and responsible growth in the aviation industry, aligning with global standards of environmental, social, and governance (ESG) practices.

Highlights and Achievements

The report showcases several key achievements that reflect AerCap's leadership in the sector:

• - ESG Ratings: AerCap has maintained its prestigious "AA" ESG rating from MSCI, with governance as a significant factor contributing to this high rating. Furthermore, Sustainalytics has upgraded AerCap's risk level from "Medium Risk" to "Low Risk."
• - Fleet Modernization: Since 2014, AerCap has invested approximately $55 billion in purchasing new technology aircraft, allowing the company to surpass its previous goal of having around 75% new technology in its fleet. The company now aims for approximately 85% new technology across all assets by 2030, a pioneering target in the industry.
• - Sustainable Aviation Fuel Initiatives: In March 2025, AerCap announced its partnership as a launch partner for the Airbus SAF Book & Claim initiative, demonstrating commitment to enhancing sustainability in aviation.
• - Scope 3 Emissions Disclosure: In a groundbreaking move, AerCap has enhanced its disclosures related to Scope 3 emissions, including those from leased engines and helicopters – marking another industry first.
• - Reduction in Emissions Intensity: The company achieved a 17% reduction in greenhouse gas emissions per Available Seat Kilometer (ASK) across its entire fleet over the past decade, even with a doubling in fleet size during this period.
• - Charitable Contributions: In 2024, the AerCap team donated over $900,000 to various charitable causes and community partnerships, emphasizing the company's commitment to social responsibility.
• - Mitigation of Emissions: Meeting another target set in 2021, AerCap successfully mitigated 100% of its unavoidable Scope 1, 2, and 3 emissions related to business travel by 2024.

Leadership Insights

Stacey Cartwright, chair of AerCap's ESG Committee, emphasized the importance of this report, stating, "As we celebrate a pivotal year in AerCap's journey, we are excited to release our Corporate Responsibility Report for 2024. Our ongoing efforts to innovate in decarbonization and emissions disclosure exemplify our commitment to sustainability and responsible growth."

Aengus Kelly, AerCap's CEO, remarked, "This year marks 50 years of our support for global air transport. Our strategic investments in new technology aircraft have been paramount in enabling airlines to lower their operating costs and carbon footprints. In 2024, we added 150 new assets, including fuel-efficient aircraft, to our fleet, which significantly improved our Scope 3 emissions intensity. AerCap aims to remain a leader in collaborative efforts toward achieving net-zero emissions."

Future Outlook

AerCap's Corporate Responsibility Report is not just a reflection of past accomplishments but also a framework for future endeavors aimed at sustainability and responsible aviation growth. By setting ambitious targets and continually advancing its corporate governance practices, AerCap demonstrates proactive engagement with both industry partners and stakeholders in navigating the complex dynamics of modern aviation.

This report can be accessed through the Corporate Responsibility Reporting section on AerCap's official website, further emphasizing the transparency and accountability that the company champions in its operations and impact.

In conclusion, AerCap is committed to playing an instrumental role in the transition to sustainable aviation practices, aligning its corporate strategies with broader environmental and societal goals to create long-term value for all stakeholders involved.